The G20 will present the proposals for international regulation of the cryptocurrency in July
Source:
On Monday, the head of the financial stability Board of the G20 mark Carney not to create new rules for the regulation of cryptocurrencies. According to him, members of the organization plan to revise existing provisions. On the background of statements the market capitalization has grown by $ 40 billion, but the decision was eventually changed.
thea New stage in the regulation of cryptocurrencies
The change of plans, said the Minister of Finance of Argentina, Nicholas Dujovne, reports . The announcement of the first innovation will take place in mid-summer.
We are already in July will present first proposals on international approaches to the regulation of scriptaction.
What will be in the updated approach is unknown. Prior to this, the participants of the meeting spoke about the concerns of cryptocurrency risks to global financial stability. According to them, the coins create problems for the protection of consumers and investors, the opportunities for money laundering and the financing of terrorism and other inconveniences.
The financiers allow the future growth of the effectiveness and availability of financial systems and economies because of the cryptocurrency in the future. What in the end will bow the experts, and how will regulation — learn in the summer.
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